Date

Employee Code
Name

ESTIMATED TAX COMPUTATION SHEET

03.08.2011
002905 / 000929
KARUNESH MATHUR

PAN No.

Year Mon Basic

HRA

Educ

Conv Aln

Conv Tax

Department
MARKETING /SALES
BMZPM6690N

TA

SPL

LTA

Others

Total

2011 06

2011 07

7,200

9,140

1,800

4,404

22,544
22,544

Annual Benefits (LTA)

Annual

Benifits

Projected earning for balance months on the basis of Last Salary Rate

18787 X 8

150,296

Balance annual benefits

Supplementary Basic

0
0

Supplementary Others

Total Estimated Earnings for the year

Total Estimated Earnings

Earnings from Previous Employer(Form 12B)
Value of Perquisites Section 17 (2)
Car Perquisites
House Perquisites
Other Perquisites

172,840

172,840
0
0
0
0

______________________________
Profits in lieu of Salary under Section 17(13)
Total Earnings

0
172,840

Gross Total Income

172,840

_____________________________
Less:
Less:
Less:
Less:
Less:
Less:
Less:

Mediclaim Section 80 D
Handicapped Depnd Section 80 DD
Specified Diseases Section 80 DDB
Int for Education Section 80 E
Self Handicapped Section 80 U
Deduction Under Section 80 C
Deduction under Section 80 CCF

0
0
0
0
0
6,624
0

______________________________ _____________________________
Less:Under Section 10
Conveyance Rebate
HRA Rebate
Education Allowance
LTA Rebate
Washing Allowance
EL Payment
Gratuity Payment
Tribal Area Allowance
SAF Contribution

Net Taxable Income(round off)

0
0
0
0
0
0
0
0
0

______________________________
Sub Total Under Section 10

______________________________
Net Total Earnings

172,840

______________________________
Less:
Professional Tax
Professional Tax - Previous Employer
Add:Other Income (Form 12C)

0
0
0

166,220

_____________________________
Gross Tax on Above

_____________________________
Tax Payable

_____________________________
Add: Surcharge on Above

_____________________________
Total Tax Payable

_____________________________
Add: Education Cess

_____________________________
Total Tax Payable

_____________________________
Less: Tax Deducted at Source
till Current month
Less: Tax Deducted by
Previous employer

0
0

______________________________ _____________________________
Gross Total Income

172,840

Balance Tax Payable / Refundable

Tax Deducted

Amount

06 2011

07 2011

Others

Total

Deduction U/s 80
80D-Mediclaim
80DD-Handicap
80DDB-Chronic disease
80E-Loan Rep Higher Edu
80U-Perm Physical Disability
80CCF-Long term Infrastructural Bond

Employee
Declaration
0
0
0
0
0
0

Deductible
Amount
0
0
0
0
0
0

Other Income Details: (Form 12C)

Income from House Property
Profit/Gains from Business
Interest Income
Capital Gains
Dividend Income
Other Income
TDS

_____________________________________
Total

_____________________________________
Investment U/s 80C
Provident Fund
Voluntary Provident Fund
Life Insurance Premium
Public Provident Fund
National Savings Certificate
National Savings Scheme
ULIP
Cont'bn to Notified Annuity
Tuition Fees
House Loan Repay-Principal
Mutual Fund
Deffered Annuity
Mutual Pension
Subscription to Notified Deposit-scheme
Super Annuation
Pension Fund for NHB
Previous PF
Pension

Employee
Declaration
0
0
0
0
0
0
0
0
0
0
0

For mid-year joinees only:

(Income from previous employer - Form 12B )
1. Total amount of salary excluding
allowances shown below seperately
2. House rent allowance: conveyance
allowance and other allowance to
the extent chargeable to tax
3. Value of perquisities
4. Total ( 1 + 2 + 3 )
5. Amount deducted in respect of
Life-Insurance Premium;
PF Contribution etc.
6. Professional Tax
7. Tax deducted at source

Deductible
Amount
6,624
0
0
0
0
0
0
0
0
0
0

Taxable Earnings
0
to
(For Female Slabs upto 190,000)
0
0

0
0

6,624

Maximum Permissible Limit for Above Investment:

(Lower of Rs.1,00,000 or Total Investment as per above)

500,001
Above

to

800,000

2011

Salary

Rend
Paid

Rent Paid
Over 10%
of Salary

04

6,000.00

0.00

0.00

7,617.00

2,400.00

2011

05

6,000.00

0.00

0.00

7,617.00

2,400.00

2011

06

0.00

0.00

0.00

0.00

0.00

2011

07

7,200.00

0.00

0.00

9,140.40

2,880.00

2011

08

6,000.00

0.00

0.00

7,617.00

2,400.00

2011

09

6,000.00

0.00

0.00

7,617.00

2,400.00

2011

10

6,000.00

0.00

0.00

7,617.00

2,400.00

2011

11

6,000.00

0.00

0.00

7,617.00

2,400.00

2011

12

6,000.00

0.00

0.00

7,617.00

2,400.00

2012

01

6,000.00

0.00

0.00

7,617.00

2,400.00

2012

02

6,000.00

0.00

0.00

7,617.00

2,400.00

2012

03

6,000.00

0.00

0.00

7,617.00

2,400.00

0.00

85,310.40

26,880.00

Total HRA Rebate

180,000

Actual
HRA

800,000

0%

10%

20%
30%

HRA REBATE COMPUTATION

NON-METRO CITY
Month

180,001
to
500,000
(For Female Slabs starts from 190,001 )

_____________________________________

Year

0
0

Income Tax Slabs:

_____________________________________
Total

of
Salary